Greater Houston Partnership Inc

Nonprofit profile at a glance

EIN
760267896
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Houston, TX, USA
Phone
7138443600
Rating confidence
Limited

Official website

Reported finances

Revenue
$18,642,442
Expenses
$23,115,791
Assets
$23,930,123
Liabilities
$18,164,089

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

165 people listed

Executive titles in this filing

  • Steve Kean (President and CEO)
  • Anna Miguel (Sr. Vice President and CFO)
  • Katharine Pryor (Executive Vice President & COO)
  • Bonita Lockings (SENIOR VICE PRESIDENT, PEOPLE & CULTURE)
  • Craig Rhodes (SENIOR VICE PRESIDENT, ECONOMIC DEVELOPMENT)
  • Jane Mary Stricker (SVP, Energy Transition and Executive Director HETI)

Highest reported compensation

  • Steve Kean (President and CEO): $607,728 total reported compensation
  • Katharine Pryor (Executive Vice President & COO): $465,361 total reported compensation
  • Taylor Landin (EVP & Chief Public Policy Officer): $430,802 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission at the greater houston partnership is to make the houston region the world's best place to live, work, and build a business. We do this through our economic development programs, our public policy work, and by collaborating with leaders of the community to help solve the region's most pressing issues.

What it reported doing in 2024

In 2024, the Partnership played a vital role in bringing together policymakers and business leaders to ensure that Houston's priorities were heard at the state and federal levels. Through events like Houston Day and the Washington, D.C. Fly-In, we provided platforms for meaningful dialogue and collaboration. In preparation for the 2025 Texas Legislative Session, the Partnership's Board of Directors and Public Policy Steering Committee outlined a strategic legislative agenda aimed at addressing the Houston region's most pressing challenges. These priorities reflect the voice of the business community and serve as a blueprint for our advocacy work, focusing on ensuring Houston's continued growth and competitiveness. Key areas include Public School Accountability & Funding, Workforce Development, and Water Infrastructure.

Operating model

Revenue model
Other-operating. 82% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 96
  • Accountability: 99
  • Sustainability: 15
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 99.3%; rating input score 99; 32nd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -24%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 1.04; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.76; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 18.8%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: 5.1% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 152 of 153 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $608K · 165 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $934K reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 4/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.